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Question: Suppose that in the absence of trade, the U.S. price for bicycles was higher than the world price for bicycles. Would allowing international trade, mean that the U.S. would import or export bicycles? Who in the U.S. would benefit and who would lose with a free trade policy, and would the gains be greater than the losses?
In early 2001 investment spending sharply declined in the United States. In the 2 months following the September 11, 2001, attacks on the United States, consumption also declined. Use AD-AS analysis to show the two impacts on real GDP.
How does the Money supply affect inflation and Nominal interest rates? Explain.What is purchasing - power parity and how does it explain nominal exchange rates?
If the demand of corm increases do to it use as an altenative engery source, what will happen to supply of corn substitute such as soybean? what will happen to the price of corn oil?
Foreign direct development (FDI) plays important role for economic and export growth of a country. As an economist, you are required to propose policy recommendations on how to increase the inflow of FDI into Malaysia.
The consumption taxes the government collects in a given period are not restricted to be levied on consumption from only in that period.
An investment portfolio is a collection of investments or assets that a person or business has. In this assignment, you are going to pretend that your grandmoth
Suppose that there are three goods (software, shirts, wheat) and three factors (skilled labor, unskilled labor, land). Software is intensive in skilled labor, shirts are intensive in unskilled labor, and wheat is intensive in land. The US is land-..
A monopolist can not hire fewer employee and pay a lower wage than a firm in a competitive labor market.
Write a report about macroeconomic condition of one of the Australian trading and investment partners in recent years.
You have a big job ahead of you. Using your knowledge of aggregate demand and aggregate supply, can you explain what happened in these two time periods?
Illustrate factors combined to alter the context of European economics development and how were they evident in the economic problems faced by European nations in the inter war period.
Milton Friedman faiths in a steady growth monetary policy. Illustrate what does that mean and critique this approach.
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